805 ILCS 180/1-46

805 ILCS 180/1-46
in effect
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(805 ILCS 180/1-46) Sec. 1-46. Applicability of statute of frauds. An operating agreement is enforceable whether or not there is a writing signed or record authenticated by a party against whom enforcement is sought, even if the agreement is not capable of performance within one year of its making. (Source: P.A. 99-637, eff. 7-1-17.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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